721–730 of 901 posts
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It doesn't unless you chose something stupid like "correct horse battery staple" or "word + word + number". 7 words chosen from 1000 word dictionary password encrypted AES 256 cannot be cracked with existing technology, 8 words impossible with future tech.
Is there any "standard" 1000-word dictionary?
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That's such a sad view, especially to hold in a generally curious place like HN. Another example is narcotics, yes we know that most narcotics usage is bad, but does that mean all usage of narcotics is bad? Obviously not, and we take those articles as they come, and discuss the angles each article has independently, in most cases at least. But somehow cryptocurrencies are so emotional for most people, that they hold…
We’ve spent years watching hundreds of obvious grifts and silly ideas. There has yet to be a single compelling, obvious use for this technology. At some point we need to stop wasting oxygen on obvious garbage. If this domain received 1/1000th as much attention and electricity I would be with you. But until then we could do with far less waste.
Shouldn't all true crypto believers hate this news? It's the government trying to enforce their opinion of who should own those Bitcoins, thereby taking power away from the owner that the network has decided on, which would be "whoever has the cryptographic keys".
This is where I may only be a 'partial' member: My feeling is that Bitcoin (not all cryptocurrencies) was about removing Fed/Gov control of the currency. It takes no position against law enforcement of direct currency theft - outside of what could be construed as the theft of currency value by quantitative easing / gifting bailout money to banks, etc.
Bitcoin, specifically, has always had a public ledger too, so start-to-finish transaction tracking is part and parcel.
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We’ve spent years watching hundreds of obvious grifts and silly ideas. There has yet to be a single compelling, obvious use for this technology. At some point we need to stop wasting oxygen on obvious garbage. If this domain received 1/1000th as much attention and electricity I would be with you. But until then we could do with far less waste.
Hedging against inflation due to manipulation by the government is a very compelling reason.
Definitely not a compelling reason.
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what the... no way they just kept an unencrypted private key on the cloud.
This should all be taken with a big grain of salt. The official story be just parallel construction to give cover to say zero day hacks or other covert espionage etc.
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Circumventing property law has absolutely been a selling point of crypto, front and center, since its inception. The real no-true-Scotsman is saying, "Those who want an extra-governmental system of property aren't the real crypto fans." Yes, they are. In reality, crypto's true purpose is a moving target, so it can never be criticized because that's not what crypto is really about.
Crypto is also a white supremacy tool: https://www.economist.com/united-states/2022/02/05/the-charm...
Guns = good
Cryptocurrency = bad
Opinions I agree with = good
Opinions I disagree with = bad
Me getting mine = good
Someone else getting theirs = bad
Censorship is the battleground issue for the 2020's.
^Apologies for the lumping of 300 million people into a single sentence description, it's for the sake of trying to make a point of the entanglement of "the US" and "freedom" - which isn't a bad thing.
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> ...Lichtenstein Email 2 was held at a U.S.-based provider that offered email as well as cloud storage services, among other products. Reads suspiciously like Gmail. Oh no. You stored your keys weakly encrypted on Google Drive?!
Or Microsoft, but yes, indeed...
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And what would this evidence convince you of?
I'm saying it [criteria from my previous statement] would convince me to change my mind, was that not the question you asked? Allow me to rewrite since it wasn't understand I was replying to your question: I would be convinced to change my mind if you could cite prohibition against inanimate data that maintains the 4th amendment protections in US while simultaneously thwarting those determined to share and manipulate…
My understanding so far is that "I currently believe prohibition of inanimate objects has no effect. If supplied with this evidence, then I would believe prohibition of inanimate objects would have an effect."
edit: also under what criteria would be used to judge whether a prohibition "maintains the 4th amendment protections in US"? Any specific relevant cases? If I go hunting for evidence, I want to make sure the goalposts are not moved.
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That's not the structure of most plea bargains ("2 years vs. life") but more importantly, you don't have enough information in that hypothetical to determine how fair the system is, because you're not accounting for how liberally federal prosecutors bring cases. If they tend only to bring cases when they have overwhelming evidence --- which is the rap on federal prosecutors (not so much state) --- then you get the sa…
'In 2011, Swartz was arrested by Massachusetts Institute of Technology (MIT) police on state breaking-and-entering charges, after connecting a computer to the MIT network in an unmarked and unlocked closet, and setting it to download academic journal articles systematically from JSTOR using a guest user account issued to him by MIT.[13][14] Federal prosecutors, led by Carmen Ortiz, later charged him with two counts o…
Shouldn't all true crypto believers hate this news? It's the government trying to enforce their opinion of who should own those Bitcoins, thereby taking power away from the owner that the network has decided on, which would be "whoever has the cryptographic keys".
As a crypto unbeliever I hate this too. Legal enforcement legitimizes crypto as property. It expands the definition of property by institutionally conferring the status of "owned" to a functional configuration of bits distributed over thousands of computers. Do we have this concept for other things? yes. But I'd rather like to contract the space of property rather than expand it.
Ironically, Bitcoin enables ownership to be established (at least as far as knowing the private keys = proof of ownership), in addition to the transaction path the electronic bits and bytes took in order to reach its current place of ownership.